+
Eldeco, Purvanchal Secure Prime Land Near Jewar Airport for Housing
ECONOMY & POLICY

Eldeco, Purvanchal Secure Prime Land Near Jewar Airport for Housing

Eldeco Infrastructure & Properties Ltd and Purvanchal Projects have made significant investments in the rapidly growing Noida region. Eldeco has acquired a 20,000 square meter land parcel near the upcoming Jewar airport through an auction by the Yamuna Expressway Industrial Development Authority (YEIDA) for Rs 96.86 crore. Purvanchal Projects, another Noida-based developer, secured a 40,000 square meter land parcel for Rs 149.47 crore. Both acquisitions are earmarked for group housing projects, with plans to construct high-rise buildings on these plots.

In addition to the recent Noida acquisition, Eldeco has been actively expanding its footprint in other regions. The company acquired 2.7 acres for Rs 110 crore and 8.5 acres for Rs 165 crore in Gurgaon's Sector 80 through an auction by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Eldeco also secured a 36,000-square-meter plot in Greater Noida West, where it plans to develop 750,000 square feet of residential space with an investment of Rs 250 crore. Furthermore, Eldeco has acquired 14.5-acre and 18-acre land parcels in Sonepat for plotted and villa development.

Eldeco's ambitious expansion is supported by significant funding, having recently secured Rs 350 crore from HDFC Capital Advisors Limited. This marks the third round of funding in as many years, bringing the platform's corpus to Rs 850 crore, with expectations to generate Rs 8,000 crore from 17 projects. Previously, the platform raised Rs 150 crore in August 2021 and Rs 350 crore in September 2022, focusing on developing projects in holiday destinations and tier 2 cities.

Eldeco's planned projects span across Delhi, Gurugram, Ludhiana, Sonipat, and Goa, with Rs 500 crore already deployed in residential projects in Panipat, Sonipat, Ludhiana, Rudrapur, Rishikesh, Kasauli, Greater Noida West, and Gurugram. With a robust track record of delivering 200 projects encompassing approximately 30 million square feet of real estate development, Eldeco continues to expand its portfolio with 30 ongoing projects covering 35 million square feet in various stages of execution.

Eldeco Infrastructure & Properties Ltd and Purvanchal Projects have made significant investments in the rapidly growing Noida region. Eldeco has acquired a 20,000 square meter land parcel near the upcoming Jewar airport through an auction by the Yamuna Expressway Industrial Development Authority (YEIDA) for Rs 96.86 crore. Purvanchal Projects, another Noida-based developer, secured a 40,000 square meter land parcel for Rs 149.47 crore. Both acquisitions are earmarked for group housing projects, with plans to construct high-rise buildings on these plots. In addition to the recent Noida acquisition, Eldeco has been actively expanding its footprint in other regions. The company acquired 2.7 acres for Rs 110 crore and 8.5 acres for Rs 165 crore in Gurgaon's Sector 80 through an auction by the Haryana State Industrial & Infrastructure Development Corporation (HSIIDC). Eldeco also secured a 36,000-square-meter plot in Greater Noida West, where it plans to develop 750,000 square feet of residential space with an investment of Rs 250 crore. Furthermore, Eldeco has acquired 14.5-acre and 18-acre land parcels in Sonepat for plotted and villa development. Eldeco's ambitious expansion is supported by significant funding, having recently secured Rs 350 crore from HDFC Capital Advisors Limited. This marks the third round of funding in as many years, bringing the platform's corpus to Rs 850 crore, with expectations to generate Rs 8,000 crore from 17 projects. Previously, the platform raised Rs 150 crore in August 2021 and Rs 350 crore in September 2022, focusing on developing projects in holiday destinations and tier 2 cities. Eldeco's planned projects span across Delhi, Gurugram, Ludhiana, Sonipat, and Goa, with Rs 500 crore already deployed in residential projects in Panipat, Sonipat, Ludhiana, Rudrapur, Rishikesh, Kasauli, Greater Noida West, and Gurugram. With a robust track record of delivering 200 projects encompassing approximately 30 million square feet of real estate development, Eldeco continues to expand its portfolio with 30 ongoing projects covering 35 million square feet in various stages of execution.

Next Story
Infrastructure Energy

Private Sector Builds India’s First Heavy Water Test Facility

In a major stride towards nuclear self-reliance, India’s first privately built test facility for upgrading depleted heavy water has been commissioned by TEMA India Ltd. The facility was inaugurated by Shri Rajesh V, Director – Technical, Nuclear Power Corporation of India Ltd (NPCIL), and Shri K. T. Shenoy, Director, Chemical Engineering Group, BARC. Developed under a technology transfer from BARC and a purchase order from NPCIL, the unit represents a landmark in public-private collaboration and supports the government’s Atma-Nirbhar Bharat initiative.Previously, critical testing for hea..

Next Story
Infrastructure Energy

Coal Ministry Pushes Digital Drive With SWCS Training Session

In a bid to accelerate digital transformation in the coal sector, the Ministry of Coal conducted a hands-on training workshop and interactive session on the Exploration Module of the Single Window Clearance System (SWCS) on 25 July 2025. Held at Tagore Chamber, SCOPE Complex, New Delhi, the session aimed to deepen stakeholders’ understanding of the module’s functionalities and encourage its use for efficient exploration-related submissions and approvals.Ms Rupinder Brar, Additional Secretary and Nominated Authority (AS & NA), chaired the session and stressed the vital role digital plat..

Next Story
Infrastructure Urban

India Enhances Cyber Defences for Critical Infrastructure

The Government of India remains acutely aware of the cyber threats facing the country’s digital and physical infrastructure. Its policies are focused on fostering a safe, trusted, and accountable cyberspace for all users. Several initiatives are being implemented to strengthen cyber security across critical sectors such as power, transport, and banking, ensuring their continuous and secure operation.The Indian Computer Emergency Response Team (CERT-In) and the National Critical Information Infrastructure Protection Centre (NCIIPC) undertake cyber security audits under the Information Technol..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?